Zacks Investment Research downgraded Stericycle Inc (NASDAQ:SRCL) to Strong Sell in a report released today.
- Updated: September 20, 2016
Zacks Investment Research has downgraded Stericycle Inc(NASDAQ:SRCL) to Strong Sell in a statement released on 9/20/2016.
On 9/19/2016, RBC Capital Markets reported on Stericycle Inc(NASDAQ:SRCL) lowered the target price from $89.00 to $77.00. At the time, this suggested a downside of -0.05%.
Just yesterday Stericycle Inc (NASDAQ:SRCL) traded 0.49% lower at $77.60. Stericycle Inc’s 50-day moving average is $85.11 and its 200-day moving average is $102.87. With the last close down 24.55% relative to the 200-day moving average, compared with the S&P 500 which has decreased -0.01% over the same time. Trading volume was down over the average, with 535,185 shares of SRCL changing hands under the typical 1,142,730 shares..
With a market cap of $0.0, Stericycle Inc has a P/E of 27 with a one-year low of $77.00 and a 52 week high of $151.57.
A total of 10 firms have released a ratings update on the stock. Five firms rate the stock a strong buy, three firms rate the company a buy, seven analyts rate the stock a hold, 0 rate the company to underperform, and finally 0 firmsrate the company as sell with a one year target price of $124.50
More About Stericycle Inc (NASDAQ:SRCL)
Stericycle, Inc. is a business-to-business services provider with a focus on regulated and compliance solutions for healthcare, retail and commercial businesses. The Company’s solutions include the collection and processing of specialized waste for disposal, the collection of personal and confidential information for secure destruction, and a range of training, consulting, recall/return, communication and compliance services. It operates regulated waste management networks in the United States and over 20 other countries. It operates through two geographical segments: United States and International. The networks include a total of approximately 250 processing facilities, over 360 transfer sites and over 140 other service facilities. Its regulated waste processing treatments or technologies are autoclaving and incineration. It offers services to a range of business customers, including hospitals, physician and dental practices, and outpatient clinics and other businesses.
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